Saturday, March 22, 2025

Today's Headlines

Zerohedge:
WSJ.com:   

CNBC:

MarketWatch.com:  

NewsMax:       

Fox News:

TheGatewayPundit.com: 

Epoch Times:

Around X:
  • @elonmusk
  • @LauraLoomer
  • @amuse
  • @BehizyTweets
  • @DC_Draino 
  • Remember when CNN just magically happened to be at Roger Stone’s house when it was raided early AM by the FBI? Wonder how they got that tip. And how they knew to livestream Trump’s Butler PA rally. Puzzle pieces starting to connect.
  • @EricLDaugh
  • @MilaLovesJoe
  • @nataliegwinters 
  • @charliekirk11
  • @TimCast
  • @VigilantFox
  • @LIz_Wheeler
OpenVAERS: 
SKirsch.com:

Friday, March 21, 2025

Weekly Scoreboard*


S&P 500 5,654.2 +.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

  • DJIA 41,886.4 +1.0%
  • NASDAQ 17,698.5 -.4%
  • Russell 2000 2,060.4 +.7%
  • NYSE FANG+ 12,019.8 -.4%
  • Goldman 50 Most Shorted 173.4 +1.9%
  • Wilshire 5000 55,881.5 +.3%
  • Russell 1000 Growth 3,710.1 -.2%
  • Russell 1000 Value 1,844.2 +.9%
  • S&P 500 Consumer Staples 864.2 -.30%
  • Bloomberg Cyclicals/Defensives Index(Ex Telecom) 235.4 +.1%
  • NYSE Technology 5,277.7 +.5%
  • Transports 14,557.5 -.6%
  • Utilities 1,007.5 -.2%
  • Bloomberg European Bank/Financial Services 140.1 +1.4%
  • MSCI Emerging Markets 44.5 +.2%
  • Credit Suisse AllHedge Long/Short Equity Index 220.3 +.2%
  • Credit Suisse AllHedge Equity Market Neutral Index 119.4 +.7%
Sentiment/Internals
  • NYSE Cumulative A/D Line 537,280 +.8%
  • Nasdaq/NYSE Volume Ratio 6.6 -44.5%
  • Bloomberg New Highs-Lows Index -16 +702
  • Crude Oil Commercial Bullish % Net Position -20.0 -1.1%
  • CFTC Oil Net Speculative Position 164,126 +6.0%
  • CFTC Oil Total Open Interest 1,793,310 -1.3%
  • Total Put/Call .86 -13.4%
  • OEX Put/Call .58 +1.9%
  • ISE Sentiment 125.0 -2.0 points
  • NYSE Arms .89 +.64%
  • Bloomberg Global Risk-On/Risk-Off Index 74.6 +.7%
  • Bloomberg US Financial Conditions Index .28 +26.0 basis points
  • Bloomberg European Financial Conditions Index 1.43 +22.0 basis points
  • Volatility(VIX) 19.5 -10.3%
  • S&P 500 Intraday % Swing .76 -48.2%
  • CBOE S&P 500 3M Implied Correlation Index 23.0 -6.9%
  • G7 Currency Volatility (VXY) 8.27 -.5%
  • Emerging Markets Currency Volatility (EM-VXY) 8.12 +3.8%
  • Smart Money Flow Index 20,205.5 +.6%
  • NAAIM Exposure Index  64.6 -4.2
  • ICI Money Mkt Mutual Fund Assets $7.002 Trillion -.31%
  • ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$4.896 Million
  • AAII % Bulls 21.6 +13.1%
  • AAII % Bears 58.1 -1.9%
  • CNN Fear & Greed Index 22.0 (EXTREME FEAR) +2.0
Futures Spot Prices
  • CRB Index 307.4 +1.5%
  • Crude Oil 68.3/bbl. +1.6%
  • Reformulated Gasoline 219.5 +1.9%
  • Natural Gas 4.0 -2.3%
  • Dutch TTF Nat Gas(European benchmark) 42.6 euros/megawatt-hour +.9%
  • Heating Oil 221.3 +3.7% 
  • Newcastle Coal 101.1 (1,000/metric ton) -5.3%
  • Gold 3,014.5 +1.1%
  • Silver 32.96 -2.4%
  • S&P GSCI Industrial Metals Index 474.0 +.2%
  • Copper 511.30 +4.6%
  • US No. 1 Heavy Melt Scrap Steel 375.0 USD/Metric Tonne +.54%
  • China Iron Ore Spot 100.4 USD/Metric Tonne -1.6%
  • China Battery Grade Lithium Carbonate 10,375.0 USD/metric tonne -.48%
  • CME Lumber  671.0 +1.5%
  • UBS-Bloomberg Agriculture 1,463.9 +.5%
  • US Gulf NOLA Potash Spot 312.5 USD/Short Ton unch.
Economy
  • Atlanta Fed GDPNow 2Q Forecast -1.76% +65.0 basis points
  • US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 36.8% +2.0 percentage points
  • NY Fed Real-Time Weekly Economic Index 2.32 -10.4%
  • US Economic Policy Uncertainty Index 389.8 -20.7%
  • DOGE Total Taxpayer Dollars Saved $115.0 Billion($751.63 Savings Per Taxpayer) unch.
  • S&P 500 Current Quarter EPS Growth Rate YoY(13 of 500 reporting) +8.4% n/a
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 277.58 +.23:  Growth Rate +12.7% +.1 percentage point, P/E 20.4 +.5
  • S&P 500 Current Year Estimated Profit Margin 13.56% -1.0 basis point
  • NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
  • NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 412.31 +1.18: Growth Rate +19.2% +.3 percentage point, P/E 29.1 +.7
  • Citi US Economic Surprise Index -5.1 +4.6 points
  • Citi Eurozone Economic Surprise Index 23.0 -.5 point
  • Citi Emerging Markets Economic Surprise Index 5.7 +2.9 points
  • Fed Fund Futures imply 14.3%(-13.4 percentage points) chance of -25.0 basis point cut to 4.0-4.25%, 85.7%(+13.9 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 4.5-4.75% on 5/7
  • US Dollar Index 104.1 +.4%
  • MSCI Emerging Markets Currency Index 1,759.3 +.1%
  • Bitcoin/USD 83,970.0 +.8%
  • Euro/Yen Carry Return Index 181.1 -.2%
  • Yield Curve(2s/10s) 30.0 +.5 basis point
  • 10-Year US Treasury Yield 4.25% -5.0 basis points
  • Federal Reserve's Balance Sheet $6.709 Trillion -.05%
  • Federal Reserve's Discount Window Usage $2.517 Billion -8.8%
  • U.S. Sovereign Debt Credit Default Swap 40.5 -.5% (new series in multiple CDS indices)
  • Illinois Municipal Debt Credit Default Swap 274.4 +8.5%
  • Italian/German 10Y Yld Spread 111.0 -1.0 basis point
  • UK Sovereign Debt Credit Default Swap 20.2 +4.4%
  • China Sovereign Debt Credit Default Swap 51.1 +3.4%
  • Brazil Sovereign Debt Credit Default Swap 191.1 +7.3%
  • Israel Sovereign Debt Credit Default Swap 86.4 +5.6%
  • South Korea Sovereign Debt Credit Default Swap 35.0 +10.8%
  • China Corp. High-Yield Bond USD ETF(KHYB) 24.36 +.3%
  • China High-Yield Real Estate Total Return Index 120.24 +.14%
  • Atlanta Fed Low Skill Wage Growth Tracker YoY +4.0% unch.
  • Zillow US All Homes Rent Index YoY +3.4% -10.0 basis points
  • US Urban Consumers Food CPI YoY +2.6% unch.
  • CPI Core Services Ex-Shelter YoY +3.9% unch.
  • Cleveland Fed Inflation Nowcast Core PCE YoY +2.60% unch.: CPI YoY +2.46% unch.
  • 1-Year TIPS Spread 3.84% -14.0 basis points
  • Treasury Repo 3M T-Bill Spread -.75 basis points -.25 basis point
  • 2-Year SOFR Swap Spread -18.0 -1.25 basis point
  • 3-Month EUR/USD Cross-Currency Basis Swap 0.0 +.5 basis point
  • N. America Investment Grade Credit Default Swap Index 59.5 +8.0%
  • America Energy Sector High-Yield Credit Default Swap Index 208.0 +.33
  • Bloomberg TRACE # Distressed Bonds Traded 220.0 -12.0
  • European Financial Sector Credit Default Swap Index 65.1 +6.7%
  • Deutsche Bank Subordinated 5Y Credit Default Swap 147.2 +5.9%
  • Emerging Markets Credit Default Swap Index 184.9 +13.5%
  • MBS 5/10 Treasury Spread 136.0 unch.
  • Bloomberg CMBS Investment Grade Bbb Average OAS 603.0 +8.0 basis points
  • Avg. Auto ABS OAS .58 +6.0 basis points
  • M2 Money Supply YoY % Change +3.9% unch.
  • Commercial Paper Outstanding $1,384.7B +1.8%
  • 4-Week Moving Average of Jobless Claims 227,000 +.33%
  • Continuing Claims Unemployment Rate 1.2% unch.
  • Kastle Back-to-Work Barometer(entries in secured buildings) 53.9 -1.1%
  • Average 30-Year Fixed Home Mortgage Rate 6.73% +2.0 basis points
  • Weekly Mortgage Applications 252,500 -6.2%
  • Weekly Retail Sales +5.5% -20.0 basis points
  • OpenTable US Seated Diners % Change YoY +11.0% +12.0 percentage points
  • Box Office Weekly Gross $79.5M +7.2%
  • Nationwide Gas $3.13/gallon +.05/gallon
  • Baltic Dry Index 1,635.0 -2.0%
  • Drewry World Container Freight Index $2,263.9/40 ft Box -4.4%
  • China (Export) Containerized Freight Index 1,147.8 -3.7%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.5 +8.3%
  • Truckstop.com Market Demand Index 75.02 +5.2%
  • Rail Freight Carloads 277,446 -.18%
  • TSA Total Traveler Throughput 2,768,297 +11.4%
Best Performing Style
  • Mid-Cap Growth +1.7%
Worst Performing Style
  • Large-Cap Growth -.1%
Leading Sectors
  • I-Banking +3.6%
  • Energy +3.2%
  • Education +3.2%
  • Healthcare Providers +2.6%
  • Retailers +2.4%
Lagging Sectors
  • Semis -.9%
  • Steel -.9%
  • AI/Robotics -1.2%
  • Electric Vehicles -1.6%
  • Computer Services -2.4%
Weekly High-Volume Stock Gainers (18)
  • RGC, OUST, SCHL, ALNY, SMCI, ROOT, CYTK, RIVN, BA, ROKU, RBLX, SIG, CPRX, MUFG, RH, GRPN, GRND and AEO
Weekly High-Volume Stock Losers (19)
  • PSO, TIGO, CRH, MAR, SCS, LEN, SCSC, PK, NKE, BCH, WS, NUE, PKX, LMT, KC, FDX, MU, MNSO and KLC
ETFs
Stocks
*5-Day Change